1 Answers

Option 3 : 77.78%

Given:

Cost Price of 1000 grams sugar = Rs. 24

Selling Price of 1000 grams sugar = Rs. 32

Weighs 750 grams instead of 1000 grams

Formula Used:

Profit = SP - CP

Profit % = (Profit/CP) × 100

Calculation:

Amit is giving only 750 grams instead of 1000 grams

Cost price of 750 grams of sugar = Rs. (750/1000) × 24

⇒ Rs. 18

Selling price of 750 grams of sugar = Rs. 32

Profit = SP - CP

⇒ Rs. (32 - 18)

⇒Rs. 14

Profit % = (Profit/CP) × 100

⇒ (14/18) × 100%

⇒  77.78%

∴ The actual profit percentage is 77.78%.

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